Bankruptcy Attorney – Schaumburg
If you are one of the many Americans facing debt that is leaving you in a desperate situation, you may be eligible to file bankruptcy in Schaumburg. Whether you think that bankruptcy is your best option for debt relief or you are unsure what types of solutions are available to you, speaking with one of the bankruptcy attorneys at Cutler & Associates, Ltd. is the best step you can take to relieve you of your debt.
What Bankruptcy Can Do
Whether you file Chapter 7 or Chapter 13 bankruptcy, you can expect similar outcomes with your debt. Though Chapter 7 and Chapter 13 each have their own pros and cons, they are both available to consumers who are overwhelmed with debt. Many different types of debt—including medical expenses, credit card debt, and mortgage payments—may be dissolved or reorganized through the process of bankruptcy.
- Resolve or Reorganize Debts. With Chapter 7 bankruptcy, your debt is forgiven and you will not need to expect to make payments following your case. Chapter 13 bankruptcy will reorganize your debts and consolidate them into a single monthly payment that will be manageable within your financial situation.
- Stop Harassment from Creditors. As creditors attempt to collect your debt, they may make constant phone calls or send a series of threatening letters that disrupt your daily life. Visiting an attorney can immediately put a stop to creditor harassment.
- Halt Foreclosure. If you are in the foreclosure process, filing bankruptcy can stop these proceedings and allow you to stay in your home.
At Cutler & Associates, Ltd., we have decades of experience navigating bankruptcy court, and we can use our expertise to help you seek the debt relief you deserve. To schedule a free bankruptcy consultation, give us a call or visit our website today.
When to Call a Bankruptcy Attorney
You do not necessarily have to wait until you are facing lawsuits, foreclosure, or wage garnishment to speak with a bankruptcy lawyer in Schaumburg about resolving your debt. In many cases, taking the step to confront your creditors and achieve a payment plan right away can help you more effectively manage your debt without needing to file for bankruptcy or deal with constant calls and letters attempting to collect your debt. If you are in a more dire situation in which you might lose your home or are being threatened with a lawsuit, calling a bankruptcy attorney is essential for keeping your life in order.